BUZZ-U.S. STOCKS ON THE MOVE-Twitter, GoPro, Trovagene, Petrobras

Reuters Staff

6 Min Read

(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stock index e-mini futures were up slightly on Friday: Dow Jones industrial average futures were up 0.07 percent at 17,796, S&P 500 futures were up 0.05 percent at 2,056 and Nasdaq 100 futures were up 0.02 percent at 4,248.25.

** TWITTER INC, Thursday close $41.26, +11.49 pct premarket

The microblogging website company said on Thursday that it was signing up users as quickly as most of last year after a fourth-quarter slowdown. Twitter beat Wall Street’s profit and revenue targets in the fourth quarter. User growth weakened in the quarter, but picked up in the new year, Chief Executive Dick Costolo said in a statement.

** LINKEDIN CORP, Thursday close $237.97, +9.52 pct premarket

The corporate networking site reported a higher-than-expected 44 percent jump in quarterly revenue as more businesses used its services to assess candidates for employment.

** GOPRO INC, Thursday close $54.37, -13.06 pct premarket

The action camera maker forecast a current-quarter profit that could miss Wall Street expectations and said its chief operating officer was resigning.

** ALCATEL-LUCENT SA, Thursday close $3.67, +2.18 pct premarket

The telecom equipment maker pledged to lift profitability again this year through cost cuts after six straight quarters of gross margin improvements and also plans to list its undersea cables business in the second half.

** PETROLEO BRASILEIRO SA, Thursday close $7.11, -7.03 pct premarket

The Brazilian oil company will tap current Banco do Brasil SA Chief Executive Aldemir Bendine as its next CEO, according to a report from GloboNews television on Friday.

** EXPEDIA INC, Thursday close $88, -8.53 pct premarket

The travel services company’s fourth-quarter profit fell more than 30 percent from a year ago, well below analysts’ expectations, partly due to the stronger dollar and intense competition in China.

** TROVAGENE INC, Thursday close $5.85, -15.56 pct premarket

The cancer monitoring device maker said late on Thursday that it would offer shares of common stock and it expected the offering to be priced “on or about Friday.” The company did not disclose the size of the offering.

** PANDORA MEDIA INC, Thursday close $18.41, -19.34 pct premarket

The online music streaming service’s sales fell short of market estimates in the holiday quarter, hurt by weaker-than-expected advertising revenue.

Verizon said it would sell its wireline assets to Frontier for $10.54 billion in cash and sell and lease cell phone towers for around $5 billion to American Tower in a deal that would help it pay off recent wireless spectrum purchases.

** BLACKBERRY LTD, Thursday close $10.09, -1.09 pct premarket

The U.S. Securities and Exchange Commission is investigating a Jan. 14 spike in trading in BlackBerry options that took place hours before Reuters reported that Samsung Electronics Co was in talks to buy the Canadian smartphone maker, according to a person familiar with the investigation.

The videogame maker, known for its “Call of Duty” and “Destiny” titles, forecast revenue for the first quarter below market estimates, factoring in the impact of a strengthening dollar.{ID:nL4N0VF70H] (Compiled by Avik Das in Bengaluru; Editing by Kirti Pandey)